Gate Insights and Crypto Market Analysis

The USD-KRW exchange rate climbed 10.90 won to 1,491.30 won in overnight trading as of 2:07 AM on the 18th, compared to the previous session's Seoul daytime close of 1,480.40 won. The surge was driven by escalating US-Iran tensions and a sharp rise in international oil prices, which triggered risk-a

Blockchain company Consensys contracted a software developer with ties to North Korea who accessed some of its systems for one month earlier this year. The developer, working under the alias Tyler Knapp, was introduced through a third-party service provider before the company discovered the

Bolivia is considering a regulatory framework that would recognize Tether's USDT as a payment currency, according to Economy and Public Finance Minister Jose Gabriel Espinoza, as the country faces a prolonged US dollar shortage. The proposal follows Bolivia's lifting of its crypto ban in 2024 and co

The United States has decided to deploy dozens of additional aerial refueling tankers to Israel, US media outlet Axios reported on May 17 local time. The deployment expands military operations targeting Iran. President Donald Trump reviewed several new military plans on May 14 in the White House

The United States and Iran continued mutual retaliatory airstrikes for a sixth consecutive day on 17일 (local time), with attacks expanding beyond military facilities to critical infrastructure including bridges, ports, and power facilities. The US Central Command (CENTCOM) confirmed strikes on a

Kenya Investment Authority is working on proposals for a residency-by-investment programme that would grant long-term residency to foreign investors who commit substantial capital and create jobs, Invest Kenya chief executive John Mwendwa told Business Daily in a Thursday interview. The initiative r

The Pentagon plans to close the Space Development Agency and fold it back into the Space Force's procurement pipeline, seven years after the agency was established in 2019 to accelerate military space system deployment. The reorganization comes as SDA launches its first batches of operational

SK Hynix American Depositary Receipts (ADR) surged over 8% on the New York Stock Exchange on July 17 (local time), rebounding after two consecutive days of sharp declines. The stock rose 8.44% to $165.17 as of 1:01 PM, recovering from a 9.00% drop on July 15 and a 13.69% decline on July 16. The

Input Output announced Friday it will transfer control of Cardano's core blockchain infrastructure to external specialist firms starting in August, with the transition running through 2027. The handover includes the Haskell node, Plutus smart-contract platform, Daedalus wallet, and Hydra scaling

Brian Armstrong, CEO of Coinbase, changed his social media profile picture to an image resembling the Brain (BRAIN) token symbol, triggering a sharp price surge in the memecoin developed on the Base blockchain. In the last 24 hours, BRAIN gained over 3,800% in value, with its market capitalization b

Changpeng Zhao posted on X that Bitcoin protects against inflation while AI does not. The Binance founder's single-line statement drew 1.3 million views. Zhao wrote, 'AI is great, but it does not protect you against inflation. Bitcoin does.' The post distinguished between two assets competing for

HSBC became the first firm cleared by the Bank of England to operate live digital securities depository services inside the United Kingdom's Digital Securities Sandbox in July 2026. The approval permits HSBC's Orion platform to support tokenised bond issuance and the UK government's planned digital

Trezor Chief Commercial Officer Danny Sanders responded Friday to blockchain investigator ZachXBT's recent criticism of crypto hardware wallets, which ZachXBT called 'complete garbage' in a Telegram post earlier this week. ZachXBT recommended users instead dedicate a separate iPhone for storing

FTX will distribute roughly $900 million to creditors starting at the end of the month, according to an announcement from Friday. This marks the fifth distribution wave for the failed crypto exchange as part of its bankruptcy proceedings. The company's bankruptcy estate has distributed nearly $10

Tether CEO Paolo Ardoino stated that USDT adds over 30 million wallets every quarter, with its user base now above 550 million. USDT's market capitalization climbed to about $190 billion in 2026, briefly flipping ether to become the second-largest cryptocurrency by market value. The wallet

Apple Inc. and the US Justice Department are in early discussions to settle a 2024 antitrust lawsuit alleging the iPhone maker violated federal competition laws, according to Bloomberg citing people familiar with the matter. Apple has made multiple settlement offers this year to resolve the case, th

Meta Platforms (META) entered early talks with Anthropic for a potential $10 billion computing lease over two years. Anthropic proposed the arrangement in June, with monthly installments and early exit options for both parties, though Meta is still reviewing terms and the talks may not result in a d

The Federal Aviation Administration on Friday restored Boeing's authority to issue airworthiness certificates for its 737 Max and 787 Dreamliner aircraft, a privilege the manufacturer lost after fatal crashes in 2018 and 2019 involving the 737 Max. The FAA cited eight months of comparable

Big Tech companies face investor scrutiny next week as earnings reports are expected to reveal whether hundreds of billions of dollars in AI infrastructure spending are generating returns, according to I/O Fund Lead Tech Analyst Beth Kindig. Kindig stated that investors want proof AI monetization

Netflix shares fell nearly 12% on Friday morning after the company's quarterly results prompted Wall Street analysts to lower price targets, with the stock paring losses to about 7% by afternoon. The selloff followed Netflix's Thursday earnings report showing second-quarter earnings per share of $0.